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Corporate Update

Santa Cruz Generative Program

Mirasol holds a significant land position in the Santa Cruz province, Argentina, owning 100% of the exploration rights to a large portfolio of quality, low and intermediate sulfidation epithermal gold and silver projects. Mirasol was founded in 2004 on the concept of applying leading-edge remote sensing to the discovery of precious metal deposits in this highly prospective under-explored terrain. Our integrated exploration and target generation process enables us to build on our proprietary knowledge to remain at the forefront of discovery in the province.

The Santa Cruz province is an attractive destination for exploration and mining investment in Argentina. The province had no precious metal mining history prior to the commissioning of the Cerro Vanguardia mine in 1998.

There are currently seven operating high grade gold-silver mines in Santa Cruz, confirming the prospectivity of Santa Cruz for the discovery of high value gold – silver deposits.

Mirasol has a track record for success in this region; with the discovery of the Joaquin silver deposit that was sold to our Joint Venture partner in 2012 for US$ 60 million in cash and shares, and the discovery of the 100% Mirasol owned Virginia high grade silver project (an open-pit constrained indicated mineral resource of 11.9 million ounces of silver at 310 g/t and a further inferred 3.1 million ounces of silver at 207 g/t1). Members of Mirasol’s management team were also among the very first explorers in Santa Cruz and they have directly contributed to the discovery of a number of deposits including the world-class Cerro Negro Mine currently operated by Goldcorp.

Mirasol continues to execute its strategy to be the premier project generator in Santa Cruz, delivering industry leading joint venture deals with quality partners and identifying exciting new prospects that can be rapidly advanced into compelling drill-ready projects.

To learn more about our large Santa Cruz portfolio of gold and silver properties, visit the project pages for:

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